ar global healthcare trust, inc

AR Globals Healthcare Trust Inc. Third Party Tender Offer: $7.99 per share. Free AlphaBetaStock's Cheat Sheet (No CC)! Prior to joining GNL, he held various financial and practice leadership roles, including acting vice president of finance at Markforged Inc., associate controller and head of global accounting operations at Charles River Associates, and VP of finance and practice director of transportation at AST Corporation, a private software and management consulting firm. Click here to visit The DI Wire directory page. By the time of the closing, it had risen to $13.12 per ARC Healthcare Trust stock. Below are some of the emails and letters that our clients have sent us. Speak with a lawyer to find out if you have a claim. The company said it expected to spend the remainder of the proceeds by the end of March. Gibbs Law Group is currently investigating a number of REITs on behalf of shareholders. Files Chapter 11 Bankruptcy, Lucira Health Inc. The company previously lowered its annual distribution rate from$1.45 to $0.85 per shareon March 1, 2018, and previously from$1.70 per share to $1.45 per shareon April 1, 2017. AR Globals Healthcare Trust Declares Annual NAV Per Share, Click here to subscribe to our Daily News Updates, Shopoff Realty Investments Hires New Chief Financial Officer, UBS, Envestnet and iCapital Launch Alternatives Exchange Platform, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. AR Globals Healthcare Trust Changes Distribution Policy and Suspends Repurchases, Click here to subscribe to our Daily News Updates, Cole Office & Industrial REIT (CCIT III) Increases Net Asset Value Per Share, Sponsored: Capital Square First Half 2020 Update, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. You should consult an attorney for individual advice regarding your own situation. Our firm is investigating AR Globals Healthcare Trust, Inc. on behalf of REIT investors. AR Global's Healthcare Trust Changes Distribution Policy and Suspends Repurchases The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has amended the company's distribution policy and share repurchase program. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. 10:45 am The White Law Group continues to investigateFINRA arbitration claimsinvolving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. Copyright 2023 AlphaBetaStock.com All Rights Reserved | AlphaBetaStock.com is a financial news publisher that does not offer any personal financial advice or advocate the sale or purchasing of any investment/security. The Company offer is being made in order to deter MacKenzie and other potential future bidders that may try to exploit the illiquidity of the shares and acquire them from the Companys stockholders at prices substantially below their Estimated Per-Share NAV, according to SEC filings. Get free professional market insights and stock/ETF reports that contain actionable opportunities written by a former financial advisor and Capitalist who has been investing in the markets for 20+ years. The company's primary offering was declared effective by the SEC in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity. HTI is a $2.6 billion (1) healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings ("MOB") and Senior Housing Operating Properties ("SHOP") (1) Based on total real estate investments, at cost of $2.6 billion, net of gross market lease intangible liabilities of $23.5 million as of March 31, 2022. Once the listing occurs, the company would change its name to Healthcare Trust, Inc. Unfortunately, thousands of retail investors have bought non-traded REITs and private placement that are unaware of the risks. Click here to visit The DI Wire directory sponsor page. 2023 Commercial Property Executive. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has amended the companys distribution policy and share repurchase program. The only media site dedicated exclusively to the coverage of non-traded REITs, business development companies, interval funds, closed-end funds, DSTs and the full range of private placement offerings, The DI Wire has grown to become the most trusted news source for the community of sponsors, broker-dealers and wealth advisors who provide these investment offerings to millions of American retail investors. AR Global's Healthcare Trust Names New CFO, Secretary, and Treasurer Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has reported that Jason F. Doyle has resigned effective December 1, 2021. The only media site dedicated exclusively to the coverage of non-traded REITs, business development companies, interval funds, closed-end funds, DSTs and the full range of private placement offerings, The DI Wire has grown to become the most trusted news source for the community of sponsors, broker-dealers and wealth advisors who provide these investment offerings to millions of American retail investors. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. No further repurchase requests may be made unless the SRP is reactivated, the company said. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle Washington. The DI Wire is the definitive news source for the illiquid alternative investment industry. For more information, please read our full disclaimer. Doyle joined AR Global in October 2018 to serve as chief accounting officer of Global Net Lease Inc. (NYSE: GNL), a publicly traded REIT advised by affiliates of AR Global. ARC Healthcare Trust II to List on Stock Exchange, Change Name, American Realty Capital Global Trust, Inc, A Closer Look at Tech Layoffs Impact on Office Leasing, MVK Capital JV Buys Minneapolis-Area Shopping Center, CF Industries to Relocate Suburban Chicago HQ. This belief is based on the most recent estimated net asset value per share of $21.45 (approved by the Board on March 30, 2017.). Meanwhile, its former sister company, American Realty Capital Healthcare Trust, Inc. completed its merger with Ventas, Inc. the largest healthcare REIT in the United States, in mid-January. Two AR Global REITs Appoint New CFO Following Resignation, Click here to subscribe to our Daily News Updates, SEC Obtains Judgment Against Former LPL Broker that Ran $5 Million Ponzi Scheme, CNL Healthcare Urges Shareholders to Reject Comrit Tender Offer, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry. Additionally, the companys recently amended credit facility restricts the REIT from repurchasing shares or paying cash distributions to holders of common stock until at least the second quarter of 2021. American Realty Capital Healthcare Trust II, Inc., is the latest AR Capital-sponsored REIT to seek a liquidity event by trading its common stock on a national stock exchange. Shares were originally priced at $25.00 each. Led by attorney Peter Mougey, the past President of the national securities bar PIABA, our Securities and Business Tort Department has represented more than 1,500 investment fraud victims across the country in state and federal court and securities industry arbitration. They will pay nearly $43.1 million if all shares in the current tender offer. (Learn more:Did your Financial Advisor Recommend Investing in Non-Traded REITs?). These REITs include: If you invested in any of these REITs, or others, we may be able to help. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity. Get Free Stock Picks, Macro Market Events & Options Strategies. Based on law firm verdicts and settlements exceeding $4 billion, our securities fraud lawyers are committed to seeking justice for the victims of investment fraud and misconduct. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . Kroll LLC (formerly known as Duff & Phelps), an independent third-party real estate advisory firm, assisted with the valuation and provided an NAV per share range of $13.78 $15.50, with a midpoint of $14.61 per share which is $0.39 lower than the declared NAV per share. According to trading data from secondary market sources, shares of Healthcare Trust Inc. REIT have sold for as little as $5 per share or less in 2021, which would represent an 80% decline from the initial share price. The firm is led by Scott Silver, a former Wall Street defense attorney who has been representing customers in securities and investment fraud cases since 2002. For more information on The White Law Group, visithttps://www.whitesecuritieslaw.com. All Rights Reserved. The companys primary offering was declared effective by the SEC in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity. Federal judge in our Chase lawsuit (resulting in $100 million settlement): They fought tooth and nail, down to the wire to achieve the best settlement that they could under the circumstances.. (NYSE: JNJ). Last April, the Healthcare Trust board approved the net asset value per share of $17.50. Contact our firm to learn more about your REIT fraud options. The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. The companys primary offering was declared effective by the SEC in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity. Portfolio Property Map. The Healthcare Trust Inc. Shareholders may have Claims The White Law Group continues to investigateFINRA arbitration claimsinvolving Essex National Securities Inc. and Infinex Investments Inc. are Allegedly Responsible For Losses In High-risk Alternative Investment, (312) 238-9650 | Fax (312) 238-8950 | (888) 637-5510 | 125 S. Wacker Drive, Suite 300, Chicago, Illinois 60606The information you obtain at this site is not, nor is it intended to be, legal advice. Davids advocacy has generated major recoveries for consumers impacted by financial fraud. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 2020. The REIT is not restricted from paying dividends on its Series A Preferred Stock. The company invests in multi-tenant medical office buildings and owns an 8.4 million-square-foot portfolio of 163 properties with a total purchase price of $2.3 billion. You should consult an attorney for individual advice regarding your own situation. Healthcare Trust invests in healthcare-related real estate and owns a $2.6 billion portfolio of 202 properties located in 33 states and comprised of 9.2 million rentable square feet, as of the fourth quarter of 2021. Gibbs Law Group attorneys have fought some of the most complex cases brought under federal and state laws nationwide, and have been recognized with numerous awards and honors for their accomplishments, includingTop 100 Super Lawyers in Northern California,Top Plaintiff Lawyers in California,The Best Lawyers in America, and ratedAV Preeminent(among the highest class of attorneys for professional ethics and legal skills). Investors must rely on the sponsors to provide a net asset value. According to Central Trade & Transfer, a secondary market website, shares of Healthcare Trust Inc. have recently been listed for$10.50/per share. Ventas chairman & CEO Debra Cafaro said the deal added more than 4 million square and 152 properties to her companys holdings as well as more than 20 new health systems to its client base and 10 new senior living operators. Other major contributors to the lower NAV included the fair value of the companys debt ($0.92), and the liquidation value of 1.6 million shares of its Series A preferred stock ($0.43). We are the founder of Mass Torts Made Perfect. You also can request a free private and confidential evaluation by clicking Free & Confidential Consult. The range of values was based on the estimated fair value of the REITs assets, less the estimated fair value of its liabilities and the liquidation value of its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, divided by approximately 94.3 million shares of common stock outstanding as of December 31, 2020. Once her resignation becomes effective, Jason Doyle will succeed her as CFO, secretary and treasurer of both companies. Further, brokers are required to fully and accurately describe the risks and rewards of the investments they offer. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has declared a net asset value per share of the companys common stock, as of December 31, 2021. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. My in-laws lost their retirement funds to a dishonest broker. There were substantial conflicts among the interests of our investors, our interests and the interests of our advisor, sponsor, dealer manager and our and their respective affiliates, which could result in decisions that are not in the best interests of our stockholders. Future distributions to shareholders will be paid in shares of common stock instead of cash, and share repurchases under the SRP were suspended. Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product. Ruchi has an Accounting and Graduate Degree in Business from the International School and Business and Media. Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration. Get a free and confidential consultation. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal. Many investors have reported being unable to redeem their shares fromnon-traded REITsand remain stuck in these uncertain investments as a result. The NAV then decreased dramatically, reaching $15.75 per share as of December 31, 2019. Investors looking to sell these investments often have difficulty finding a buyer, and if they are able to find one can suffer significant losses on the sale. If you invested in the Healthcare Trust REIT, you may have a claim. Silver Law Group is a team of securities lawyers, forensic accountants, and support staff who are dedicated to helping investors recover losses through securities arbitration and litigation. Comrit Investments 1 LP, has made a tender offer to purchase up to 5 million shares of AR Globals Healthcare Trust Inc., a non-traded real estate investment trust (REIT), for $8.61 per share. UPDATE 4/10/2020: The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has approved a $15.75 net asset value per share of the company's common stock, as of December 31, 2019. are complex and inherently risky products, Four Springs Capital Trust Withdraws Registration Statement, The Trouble with Private Placements Under Regulation D, Healthcare Trust Inc. HTI Shareholder Lawsuits, The White Law Group Files Lawsuit against Essex and Infinex, Pacific Oak Strategic Opportunity REIT Securities Investigation, Sorrento Therapeutics Inc. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. The DI Wire is the definitive news source for the illiquid alternative investment industry. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. Contact us now for a free consultation! According to DI Wire the most recently declared net asset value was $14.50 per share. So the tender offer, which expires in April, offer nearly half the board's value. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . High commissions could be a motivating factor for unscrupulous financial advisors to sell the REIT regardless of whether the investment is in line with the clients investment objectives and profile. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. Announces Release Date for Fourth Quarter and Full Year 2022 Results, American Strategic Investment Co. Repurchases under the SRP were also suspended, effective August 12, 2020, and the board rejected all repurchase requests made since January 1, 2020. Non-traded REITs are high risk, complex investments and are not suitable every investor. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has approved a $14.50 net asset value per share of the company's common stock, as of December 31, 2020. Our law firm has been in existence for more than 65 years, and is recognized as one of the preeminent law firms in the United States. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. The REIT conducted its initial offering in February of 2013 and raised a total of $2.2 Billion in investor equity, according to The DI Wire. AR Globals Healthcare Trust Declares Annual NAV Per Share, Click here to subscribe to our Daily News Updates, RK Properties Sells TIC/Fund Multifamily Property for $60 Million, Reports Hefty Return, Hartman Names Regional Director of Sales for Western Division, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has announced the pricing of an underwritten public offering of 2.2 million shares of its 7.375% Series A cumulative redeemable perpetual preferred stock. Because the offer price under the company offer is still well below the current Estimated Per-Share NAV of the shares, the Companys board of directors recommends that stockholders DO NOT tender their Shares in the Company Offerorthe lower MacKenzie Offer. These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. To contact us for a free confidential consult, you can call us at (800) 277-1193. Copyright 1996-2023 | Policies & Disclaimers, Representing Personal Injury Clients Since 1955, Levin Papantonio Rafferty - Personal Injury Law Firm, Martindale-Hubbell Preeminent Woman Attorney, $380 Million in Environmental Pollution Case, Healthcare Trust Inc. REIT Investment Losses Investors May Have Right to File Claim, Brian Barr Again Picks Up the Fight Against Skanska in Oral Arguments, The Risks of Overconcentration in Pot Stocks, Retirees Are Suing for Investment Losses Allegedly Caused by Quincy, IL Area Financial Advisor and Broker Jeff Kennedy, Investigation of Former Destin, FL Broker C. Ronald Patton for Possible Unsuitable Recommendations, Brokers who sold the investment and the dealer managers received, Healthcare Trust had a limited operating history, No public market existed for shares of their common stock and the invest could remain illiquid indefinitely, According to the offering materials AR Global admitted it established the offering price on an arbitrary basis; as a result, the actual value of your investment may be substantially less than what you pay. Healthcare Trust Inc. was originally known as American Realty Capital Healthcare Trust II, Inc. Healthcare Trust was a high risk investment, and it should have only been recommended to investors who could afford a complete loss of their investment. The REIT also declared a quarterly stock dividend of 0.014655 per share that will be paid on April 15, 2021 to shareholders of record at the close of business on April 12, 2021. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. So the tender offer, which expires in April, offer nearly half the boards value. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. The only media site dedicated exclusively to the coverage of non-traded REITs, business development companies, interval funds, closed-end funds, DSTs and the full range of private placement offerings, The DI Wire has grown to become the most trusted news source for the community of sponsors, broker-dealers and wealth advisors who provide these investment offerings to millions of American retail investors. You can contact attorney Michael Bixby directly at [email protected] to discuss your potential claim, or fill out an evaluation form or give us a call and we will provide a complimentary review of your potential claim. HTI invests in multi-tenant medical office buildings and, as of year-end 2017, owned a portfolio consisting of 8.4 million-square-feet including 164 properties, with a total purchase price of $2.3 . Last April, the Healthcare Trust board approved the net asset value per share of $17.50. Read more about our results. According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. To review a summary of our fees and costs, click Fees & Costs. Contact Us Healthcare Trust, Inc. 650 Fifth Avenue 30th Floor New York, NY 10019 Investor Relations Phone: (866) 902-0063 Email: [email protected] Name * First Last Email * Phone * Message How can we help you? Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global (the successor business to AR Capital) The White Law Group continues to investigate claims on behalf of investors that purchased investments such as Healthcare Trust Inc. and other non-traded REITs . You may reproduce materials available at this site for your own personal use and for non-commercial distribution. several years ago. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. In January, the healthcare REIT said it had completed a $2.1 billion non-listed public offering on Nov. 17 and invested approximately $1.84 billion in properties, including some under contract, by the end of 2014. The companys primary offering was declared effective by the SEC in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 193 properties, as of the fourth quarter of 2019. February 23, 2021 Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, and American Finance Trust (Nasdaq: AFIN), a former non-traded REIT, have each reported that Katie Kurtz will resign as chief financial officer, secretary and treasurer. According to the news source. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. with the SEC, the REITs board claims in its latest valuation that the NAV has increased slightly from its previous value of $14.50 to $15.00 per share,yet the independent third-party real estate advisory firm, Kroll LLC indicated thatthe NAV per share range is actually$13.78 $15.50, with a midpoint of$14.61 per share. The DI Wire is the definitive news source for the illiquid alternative investment industry. In a filing with with Securities and Exchange Commission, the company indicated that any future distributions, if and when declared, will be paid on a quarterly basis in arrears in shares of common stock valued at the net asset value per share. EIn addition, most investors are caught off guard by the losses until they sell. Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. Read more about what judges say about us. His departures came after an accounting scandal was disclosed in October at ARCP. Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. In response to the calls, Haselkorn & Thibaut has set up a toll-free number at 1 888-628-5590 to call for a free portfolio review. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. December 3, 2021 Listing Healthcare Trust II is an important strategic step to enhance long-term shareholder value and create liquidity, CEO Thomas DArcy said in the release. Investor PresentationLatest 10-QLatest 10-K. American Strategic Investment Co. (NYSE:NYC), formerly known as New York City REIT is a publicly traded company listed on the NYSE that owns a portfolio of high-quality commercial real estate. Silver Law Group and Scott Silver aggressively pursued their losses until he got their money back., You and your entire staff have been wonderfully organized, professional and a delight to hear from. According to trading data from secondary market sources, shares of Healthcare Trust Inc. REIT have sold for as little as $5 per share or less in 2021, which would represent an 80% decline from the initial share price. Scott focuses his law practice on securities arbitration and litigation and plaintiff-side class action litigation, representing individual investors and institutions in claims against brokerage firms, investment advisors, commodities firms, hedge funds and others.